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Bitcoin / Tether
Short

Bearish Divergence

By Nutty_Trader
Looks like BTC is losing its momentum. I believe this is just part of a relief rally and that we will soon be heading back to the downside. We have formed bearish divergence on the 4H as well as 1D timeframes. We see that RSI has been trending downwards since the initial pump. We could see a little fakeout to the upside first, but I think that tomorrow will be a red sunday.

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Bitcoin (Cryptocurrency)BTCChart PatternscryptoCryptocurrencyEthereum (Cryptocurrency)Technical IndicatorskucoinRelative Strength Index (RSI)shortTrend Analysis
Nutty_Trader
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